"In a world where it is easy to be downbeat, we must also be able to point to our successes and understand our strengths," she said.

"And today I want to say to you that Australia also takes considerable pride in our own economic achievements.

"Our record of growth and job creation gives me confidence: because I have seen our own determination and decisiveness rewarded in Australia, I'm confident that determined and decisive leadership around the world will be rewarded too.

"And I hope that Australia’s strong economy can be a sign of confidence to other countries.

"We know there is a path of openness, investment and reform which leads to jobs and fiscally sustainable growth for the long term.

"We know that because it is the path we have followed.

"And while we acknowledge that every country faces its own unique circumstances, we do believe that there are some lessons for the world in the Australian way."